Six insights into what non-resident Indians want
By Mark Battersby, 25 Apr 18
What are the main concerns that non-resident Indians who live in the UAE have about their own financial planning needs and how can advisers help?
NRIs would like to remain in the UAE indefinitely; but probably won’t
According to our survey, 92.9% expect to retire in India eventually, which is an increase from 2013. However, while only 6.5% expect to retire in the UAE, over two-thirds would like to retire here if they could.
The UAE is indeed, a very attractive place to live, but remaining in the UAE can be a challenge from a visa perspective post-retirement (more on that later). Perhaps there is a dawning realisation that pension income will stretch further in some parts of India?